Pinetree Capital (TSE:PNP) Insider Buys C$148,428.00 in Stock

Pinetree Capital Ltd. (TSE:PNP – Get Free Report) insider L6 Holdings Inc. purchased 17,100 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average cost of C$8.68 per share, with a total value of C$148,428.00. Following the acquisition, the insider owned 3,194,400 shares in the company, valued at C$27,727,392. This trade represents a 0.54% increase in their position.

L6 Holdings Inc. also recently made the following trade(s):

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• On Thursday, May 21st, L6 Holdings Inc. purchased 500 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.55 per share, with a total value of C$4,275.00.
• On Monday, May 25th, L6 Holdings Inc. purchased 21,300 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.75 per share, with a total value of C$186,375.00.
• On Tuesday, May 26th, L6 Holdings Inc. purchased 1,300 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.72 per share, with a total value of C$11,336.00.

Pinetree Capital Stock Performance

Shares of Pinetree Capital stock opened at C$8.85 on Friday. The company has a 50 day moving average of C$8.92 and a 200-day moving average of C$10.07. Pinetree Capital Ltd. has a 1-year low of C$7.61 and a 1-year high of C$20.90. The company has a current ratio of 15.62, a quick ratio of 5.97 and a debt-to-equity ratio of 0.26. The company has a market cap of C$83.07 million, a PE ratio of -4.19 and a beta of 0.89.

Pinetree Capital (TSE:PNP – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported C($2.02) earnings per share for the quarter. The firm had revenue of C($18.48) million for the quarter. Pinetree Capital had a negative return on equity of 23.88% and a negative net margin of 355.44%.

Pinetree Capital Company Profile

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Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree’s investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.

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